Hazlett Burt & Watson Inc. Purchases 6,144 Shares of Capital One Financial Corporation $COF

Hazlett Burt & Watson Inc. increased its position in Capital One Financial Corporation (NYSE:COF) by 38,400.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,160 shares of the financial services provider’s stock after purchasing an additional 6,144 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Capital One Financial were worth $1,311,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of COF. WPG Advisers LLC acquired a new position in Capital One Financial in the 1st quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC grew its stake in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after buying an additional 62 shares during the last quarter. Olistico Wealth LLC grew its stake in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after buying an additional 101 shares during the last quarter. Saudi Central Bank acquired a new position in Capital One Financial in the 1st quarter valued at about $27,000. Finally, RMG Wealth Management LLC acquired a new position in Capital One Financial in the 2nd quarter valued at about $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on COF shares. UBS Group decreased their price target on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. Morgan Stanley upped their price target on shares of Capital One Financial from $261.00 to $267.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. The Goldman Sachs Group decreased their price target on shares of Capital One Financial from $276.00 to $266.00 and set a “buy” rating on the stock in a research note on Friday, October 3rd. Truist Financial increased their target price on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Finally, Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $252.78.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $202.37 on Monday. The company’s 50 day moving average price is $219.02 and its two-hundred day moving average price is $202.43. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The firm has a market cap of $129.42 billion, a PE ratio of 103.78, a PEG ratio of 0.74 and a beta of 1.18. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same period last year, the company posted $3.14 EPS. The business’s revenue was up 31.4% on a year-over-year basis. Equities research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s dividend payout ratio is 123.08%.

Insider Activity

In other news, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the sale, the insider owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total transaction of $423,980.00. Following the sale, the general counsel directly owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. This trade represents a 1.99% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,298 shares of company stock worth $5,103,824. Insiders own 1.26% of the company’s stock.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.